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    5905 Coliseum Blvd Alexandria, LA 71303

    • Office buildings
    • 2.18 lot acres
    For Sale
    View listing
    $995,000
    Value Estimation
    Last Sale
    Oct 16, 2024
    $737,500
    Location Intelligence
    Property ID
    US36-1316635
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 5905 Coliseum Blvd

    Lot size
    2.18 lot acres
    Property type
    Office buildings
    APN
    24-027-67016-0009
    APU
    24027670160009

    Description

    This exceptional 2-acre commercial land parcel, located at 5905 Coliseum Blvd in Alexandria, Louisiana (APN: 2402767016000901), presents a unique investment opportunity. Priced at $995,000 ($497,500/acre), this property boasts a highly desirable location in a rapidly growing area of Alexandria. Situated on Highway 28W, it benefits from exceptional visibility and accessibility, enjoying proximity to major retailers such as Loewer Power Sports and Wal-Mart Super Center, as well as numerous restaurants and other retail establishments. The COMMERCIAL zoning allows for a wide range of development options, making it ideal for a variety of uses including professional offices, restaurants, or retail businesses. This prime piece of real estate offers significant potential for growth and return on investment in a thriving commercial corridor. The property is privately owned and ready for immediate development. The address is 5905 Coliseum Blvd, Alexandria, LA 71303.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $740,000

    • CAP approach

      CAP return
      Estimation
      6%
      $930,000
      6.5%
      $1,030,000
      7%
      $1,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $845,000
      Geo Method
      $1,050,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $770,000
      Retail
      $945,000
      Mixed-Use
      $1,075,000
      Hospitality
      $1,015,000
      Educational
      $1,000,000
      Residential Income
      $1,055,000
      Energy
      $830,000
      Income-Based Land
      $855,000
      Food Service
      $895,000

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.5113
    Latitude
    31.2944
    CBSA code
    10780
    CBSA name
    ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,294
    $57,000
    $0.00
    $57,000
    -
    $570,000
    $0.00
    $570,000

    Comparable in this City

    • Value Estimation by Request

      5517 Coliseum Blvd

      OFFICE BUILDING
      5517 Coliseum Blvd, Alexandria, LA 71303-3708
      View Details
    • Value Estimation by Request
      2.30 Acres

      546 Macarthur Dr

      OFFICE BUILDING • 2.30 Acres
      546 Macarthur Dr, Alexandria, LA 71303-3109
      View Details
    • Value Estimation by Request
      10,780 SF

      2913 Bolton Ave

      OFFICE BUILDING • 10,780 SF
      2913 Bolton Ave, Alexandria, LA 71303-4512
      View Details
    • Value Estimation
      $360,000
      5,000 SF

      2116 Bolton Ave

      OFFICE BUILDING • 5,000 SF
      2116 Bolton Ave, Alexandria, LA 71303-4405
      View Details
    • Value Estimation
      $620,000
      12,940 SF

      605 Browns Bnd Rd

      OFFICE BUILDING • 12,940 SF
      605 Browns Bnd Rd, Alexandria, LA 71303-4154
      View Details
    • Value Estimation
      $345,000
      16,284 SF

      2090 Industrial Park Rd

      OFFICE BUILDING • 16,284 SF
      2090 Industrial Park Rd, Alexandria, LA 71303-4567
      View Details

    Similar Nearby for Sale

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      24+/- acre commercial land on high-visibility Versailles Boulevard.
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      Vacant commercial land with C-2 zoning and business potential.
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    Similar Nearby for Lease

    • $2,955 /Mo
      1,970 SF

      Professional Office Space For Lease

      Professional office space available for lease with flexible floor plan.
      212 Pecan Park Blvd, Alexandria, LA 71303
      View Details
    • $20 SF/Yr
      6,000 SF

      Alexandria Retail Center - Hwy 28

      Prime Retail/Office Space Available
      6354 Coliseum Blvd, Alexandria, LA 71303
      View Details
    • $19 SF/Yr
      3,704 SF

      Prime Alexandria Office Space

      Newly renovated, versatile office building
      1016 Calais Cir, Alexandria, LA 71303
      View Details
    • Contact for pricing
      1,500 SF

      Alexandria Retail Space - Hwy 28W

      High-traffic retail space, fully equipped.
      6501 Coliseum Blvd, Alexandria, LA 71303
      View Details
    • $51,282
      33,977 SF

      Prime Alexandria Commercial Land

      0.78-acre lot, ideal for retail or restaurant
      5994 Jackson St, Alexandria, LA 71303
      View Details
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    Alexandria, LA 71303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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